After a judge upheld a decree for the Securities and Exchange Commission (SEC) to oversee Elon Musk’s tweets before he can post them, the Tesla and SpaceX head is hoping to have this consent decree overturned — again.
Musk filed an appeal to a recent judge’s ruling not to halt the SEC’s oversight of his Twitter, filed with the 2nd U.S. Circuit Court of Appeals in Manhattan on Wednesday, according to Reuters.
The filing requests for the court of appeals to overturn an April 27 decision made by U.S. District Judge Lewis Liman to uphold Musk’s Twitter oversight agreement.
While Musk has accused the SEC of launching “endless, boundless investigations of his speech,” Judge Liman rejected his statements, calling them “wholly unpersuasive.”
Elon Musk Quotes Eminem in Court Filing Opposing SEC Oversight https://t.co/AL8QzskWCS
— TeslaNorth.com (@RealTeslaNorth) March 29, 2022
In a statement following the April 27, Judge Liman noted that Musk couldn’t exit the agreement through “bemoaning that he felt like he had to agree to it at the time but now—once the specter of the litigation is a distant memory and his company has become, in his estimation, all but invincible—wishes that he had not.”
Oversight of Elon Musk’s Twitter came from the SEC, following a 2018 tweet claiming he had “funding secured” to take Tesla private.
Musk claims that he had funding secured through Saudi Arabia’s Public Investment Fund (PIF), a relationship from which some of Musk’s texts were revealed in April through a court filing.
